This is the second lease Transwestern and Phoenix have entered into in the area. In March, Phoenix World Business also signed for a 15,000-sf industrial warehouse at 4324 Eastpark Dr. The warehouses are located in the northeast corner of the inner loop. Phoenix's offices are located at 10303 Northwest Freeway in northwest Houston.

Caleb Lawson of Caldwell Watson Real Estate Group has represented Phoenix in the lease negotiations for both deals. Chicago-based Transwestern Commercial Services has used in-house broker Jude Filippone in the Houston office to negotiate the deals.

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